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Topic: Do not get discouraged by the current price of Bitcoin - page 5. (Read 1722 times)

hero member
Activity: 2044
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Leading Crypto Sports Betting & Casino Platform
Many investors got discouraged by the current price of Bitcoin, because high expectations were raised due to the halving event, so many people thought that right after the halving Bitcoin price should immediately skyrocket to 100,000$ or 150,000$ without any delays and setbacks. Of course everyone here would like that happened, however in practice we have a lot of obstacles through the way, and here I would like to highlight market's manipulation by whales, the big players who drive this market upside and down by selling or buying large chunks of Bitcoin at once.

I just think what investors should have in mind is that if those big players are so focused in Bitcoin, it means it has a lot of potential, otherwise they would have already moved their funds to another niches of financial world. All investors have to do is to be patient and remain encouraged that Bitcoin will still increase a lot of in price. It's just a matter of time, and a matter of remaining confident until the right time.
full member
Activity: 448
Merit: 136
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Investors are not at all worried about the current market of Bitcoin because they have seen such price fluctuations many times in past history and investors have gained experience from all these markets. So no matter how much the market fluctuates, investors are not worried about all these things. It's different for me because I'm not an experienced investor at all so the price of Bitcoin is a big concern for me.
hero member
Activity: 3024
Merit: 680
★Bitvest.io★ Play Plinko or Invest!
No worries at all if you know and seen how and last year has started.

Those that are worried probably bought at the new peak which is $73k.

The best is yet to come and who will be the most patient wins.
Anyone who understands how BTC operates would see no reason to get worried or panic cause the best is yet to come. It's only those who rushed to invest into it when they got little idea that would see a reason to panic when the price of Bitcoin goes down, most of them got into the market due to wrong informations they got about the halving.

 I believe the man who was complaining to his friend when the price went down would be very disappointed at himself currently if he had sold then cause few days after the price went beyond the initial price of about 57k it was when he made mention of selling his coin. Now this would teach him a lesson if he sold cause Bitcoin is currently 63k and has a potential of going higher.

 For a person holding for a long term, buying at the peak of 73k shouldn't be an issue, mostly  if the person bought bulk Bitcoin then there's no reason for panic cause there's a great possibility of Bitcoin going beyond that mark.
I agree, if you understand how BTC goes on over the period of time you'd be the most chill guy and you're relaxed and don't have to worry with how the price goes in action from time to time.

As for buying lumpsum at the new ATH, they have to give themselves extra patience because many did that in 2021 and 2017 bull runs and did sold too early.

I guess for newbies, the current price will certainly be a big issue for them because if bitcoin price will consistently drop its price, that will make their investment doomed. But if they know that being patient in the market most especially in times like this will pay a lot, then they won’t be worrying too much knowing the fact that this is just part of price correction.

Those who came with knowledge and completely understand the volatility of bitcoin will just face the market calm and chill, but for those who rush to invest without studying first, clearly that will be a disadvantage for them.
It's normal for them to react like that because they have lesser experience and stay.

But we guarantee them that if they are going to worry now, they're going to end up losing their holdings and could cause them to panic sell.
full member
Activity: 1148
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We should let people be with their thoughts and do what they want, at the end of the day, their decisions are going to affect them and not us.

I don't agree with this. You see trading alone is difficult enough and if you add up the stresses within the psychology side of it. It will be so much daunting. I think that's why we have community like this. That is to put up positive expectations within the market. As a market participant and Bitcoin holder, I want more people to come in also. That is way any kind of encouragement will be beneficial. Of course it hurts when you have negative position on your holding, but it's part of the process. We may not convince ore people, but at least we can motivated those who are already in to hold on to their investments and not sell.
sr. member
Activity: 2296
Merit: 348
We should let people be with their thoughts and do what they want, at the end of the day, their decisions are going to affect them and not us. If someone thinks that Bitcoin is a scam because its price didn't soar after the halving event, they should go ahead and sell their assets so that they can regret it when they see the market going up after a few months, but then there will be no going back for them and they won't be able to recover their losses then.

People who think this way about Bitcoin and the market are the ones who lack basic knowledge about the market and things such as the halving, they have just heard about the halving being a signal for a bull run which isn't completely accurate because the market doesn't start going up right after the halving.
legendary
Activity: 3108
Merit: 1290
Leading Crypto Sports Betting & Casino Platform
Oh just relax guys after going to 73k why are we worried at this price now lol
No worries at all if you know and seen how and last year has started.

Those that are worried probably bought at the new peak which is $73k.

The best is yet to come and who will be the most patient wins.
I guess for newbies, the current price will certainly be a big issue for them because if bitcoin price will consistently drop its price, that will make their investment doomed. But if they know that being patient in the market most especially in times like this will pay a lot, then they won’t be worrying too much knowing the fact that this is just part of price correction.

Those who came with knowledge and completely understand the volatility of bitcoin will just face the market calm and chill, but for those who rush to invest without studying first, clearly that will be a disadvantage for them.
hero member
Activity: 1540
Merit: 772

There is no point in making someone understand or convincing them that Bitcoin isn't something bad. You don't get anything out of that, whether they accept the reality and embrace it with open arms or willingly close their eyes and say they can't see anything, none of that is going to affect you or Bitcoin, so just let them be with their thoughts and decisions.
We have heard repeatedly that giving advice on how someone uses their money.
It's not bad if we provide understanding to people who think Bitcoin is bad as long as they are willing to use their brains to think instead of using their anger because something they want hasn't happened in time.

That's enough. Just end this.
Regarding Bitcoin and others, each has its own concept and basis for thinking. For us, Bitcoin is very great, for him, on the contrary, his business is none of our business.
The eyes will be able to see the truth if they are assisted by a scientific mind.
sr. member
Activity: 2828
Merit: 344
win lambo...
In the first place, I didn't even notice if bitcoin's price value was declining because it was normal to happen in the market in this field of the crypto space. That's because you know there is a correction going on in the market so far.

And I think, too, that this correction is not over; it is deeper, and I really think its depth is around 41–52k $ each of.Bitcoin, so its congestion is long-lasting. The trip will now.
Those who keep watching their portfolio will definitely feel worries and uncertainty when there is a price decline. I have had that kind of experience before and I realize that it was not a healthy practice because this will influence our minds to think negatively in every drop we see. Just like you, I have not felt the pressure of selling as I was always optimistic about the future of Bitcoin. The current price decline is very common in this market, and we have never seen it stable ever since. It drops and it pumps again, that is how it works and that is the thing that everyone must understand.
hero member
Activity: 2632
Merit: 787
Jack of all trades 💯
It’s not their fault to think it’s a scam when they are blinded by volatility. Despite having some Bitcoin, I was careless about the reduction in price (even if I knew it’ll bounce back up) because the purpose of Bitcoin still stands even if we go down back to $18k. Stories like this are example of why we should tell people the primary purpose of Bitcoin while discussing the joy that could come from its volatility. Too many people think it’s all about when the price is increased, etc.
In my opinion, those who think Bitcoin is a scam certainly don't understand Bitcoin well and they only hear some information and don't seek to understand Bitcoin from those who already have a correct understanding of Bitcoin and for those of you who understand Bitcoin correctly, of course you don't. will be affected by volatility and also news that is not true about Bitcoin, so I think those of us who don't understand well how Bitcoin works and volatility of course they have to learn it well from those who have gotten results from investments that other people have made in Bitcoin. and they must hear it clearly so that there are no misunderstandings in understanding Bitcoin.

Most likely they don't have enough knowledge about bitcoin that's why they can say those words on this coin. They only look up for some idea that it needs demand before bitcoin price to rise and associate it as ponzi schemes. That's why they need to help theirselves since if they remain to think about that and close their doors to learn from this for sure in future when they see that someone's life has been changed from their neighborhood because of bitcoin for sure they would regret on why they ignore this and maybe think about that they could possibly earn the same if they listen.
So people should not close their doors for opportunity since there's a lot of modern ways on how they could able to earn and bitcoin is just one of that. If they are worried about price drop then maybe that's another information need to learn since key of success as investors always came from research and constant learning new knowledge about what they are trying to do.
member
Activity: 194
Merit: 62

No worries at all if you know and seen how and last year has started.

Those that are worried probably bought at the new peak which is $73k.

The best is yet to come and who will be the most patient wins.
Anyone who understands how BTC operates would see no reason to get worried or panic cause the best is yet to come. It's only those who rushed to invest into it when they got little idea that would see a reason to panic when the price of Bitcoin goes down, most of them got into the market due to wrong informations they got about the halving.

 I believe the man who was complaining to his friend when the price went down would be very disappointed at himself currently if he had sold then cause few days after the price went beyond the initial price of about 57k it was when he made mention of selling his coin. Now this would teach him a lesson if he sold cause Bitcoin is currently 63k and has a potential of going higher.

 For a person holding for a long term, buying at the peak of 73k shouldn't be an issue, mostly  if the person bought bulk Bitcoin then there's no reason for panic cause there's a great possibility of Bitcoin going beyond that mark.
hero member
Activity: 3024
Merit: 680
★Bitvest.io★ Play Plinko or Invest!
Oh just relax guys after going to 73k why are we worried at this price now lol
No worries at all if you know and seen how and last year has started.

Those that are worried probably bought at the new peak which is $73k.

The best is yet to come and who will be the most patient wins.
legendary
Activity: 2674
Merit: 1226
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Oh just relax guys after going to 73k why are we worried at this price now lol

I am still pained that I took so long to get into Bitcoin when I could have since 2014 but I can't turn back the hands of time, now all I can do is give my best and accumulate as many as I can, the future looks brighter for Bitcoin.

Happy to hear. The lesson from guys like us to everyone is 'Don't look back, you think those guys who had BTC in 2010 don't look back?'

We can't change yesterday but we can prepare for tomorrow.

Don't be the guy in 2030 who is still pained he didn't buy at 60k today Smiley

sr. member
Activity: 1260
Merit: 358
And I think, too, that this correction is not over; it is deeper, and I really think its depth is around 41–52k $ each of.Bitcoin, so its congestion is long-lasting. The trip will now.

If you are constantly watching the market, you will see that it has already recovered a bit from that dip and is currently trading above $63k, so there is no sign for it to go as deep as $52k or lower. This coming week will show where the price will move next, investors will need to be quick with their decisions.

Since Bitcoin was first created until now, it has been proven by research and recognized by great people who have high IQs in accordance with reality. It's not wrong if we think it's just a waste of energy like in my first paragraph above to convince the stupid thoughts of one person who decided Bitcoin was a fraud.

There is no point in making someone understand or convincing them that Bitcoin isn't something bad. You don't get anything out of that, whether they accept the reality and embrace it with open arms or willingly close their eyes and say they can't see anything, none of that is going to affect you or Bitcoin, so just let them be with their thoughts and decisions.
member
Activity: 392
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The starting price of Bitcoin in January was very poor if I begin to link it to the current price, it has no discouragement on me. Anybody that bought Bitcoin at a very low price will not feel disappointed even now that the price has reduced to $60000. In  no time, probably before the end of this season Bitcoin price will still pump. The only investor of Bitcoin that will feel disappointed right now are the people that invested when the price of Bitcoin was $73, 000 but let them be patient and the price will bounce back.
hero member
Activity: 1540
Merit: 772

In my opinion, one should stay away from this friend who does not understand what the creataria of Bitcoin investment is. . And the person who doesn't know this, then he should just leave it where he is, meaning to explain it to someone who doesn't even know the B of Bitcoin is abusing himself.
Not always people like to hear our sermons. Especially what was said about money. Enough to advise yourself to be wise.
I am of the principle that people who are only ready to accept reality in happy situations and refuse to accept reality when it is difficult, are not ready to be true human beings.
The action I would take, would be to ignore him by pretending he never existed.

Since Bitcoin was first created until now, it has been proven by research and recognized by great people who have high IQs in accordance with reality. It's not wrong if we think it's just a waste of energy like in my first paragraph above to convince the stupid thoughts of one person who decided Bitcoin was a fraud.
sr. member
Activity: 1498
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In the first place, I didn't even notice if bitcoin's price value was declining because it was normal to happen in the market in this field of the crypto space. That's because you know there is a correction going on in the market so far.

And I think, too, that this correction is not over; it is deeper, and I really think its depth is around 41–52k $ each of.Bitcoin, so its congestion is long-lasting. The trip will now.
sr. member
Activity: 1288
Merit: 231
Hire Bitcointalk Camp. Manager @ r7promotions.com
It’s not their fault to think it’s a scam when they are blinded by volatility. Despite having some Bitcoin, I was careless about the reduction in price (even if I knew it’ll bounce back up) because the purpose of Bitcoin still stands even if we go down back to $18k. Stories like this are example of why we should tell people the primary purpose of Bitcoin while discussing the joy that could come from its volatility. Too many people think it’s all about when the price is increased, etc.
This isn't the first time bitcoin is experiencing a DIP, in fact, Bitcoin has experienced even bigger DIPs than this in its history, but it's ability to always bounce back and break through current ATHs to a new one has always been what strengthens the hopes of investors who.
As an investor, you're supposed to prepare for everything and anything, knowing too well that the market is very volatile and unpredictable and so can take any shape at any time, so one should always be prepared even for the DIPs when they eventually come because they'll surely come whether you're prepared or not.
There'll always be people who will complain during a DIP and there'll also be people who will end up making wrong choices and decisions too due to fear of the unknown, but preparing your mind and expecting it will help you look beyond the short term fluctuations and focus more on the long-term trajectory.
sr. member
Activity: 1680
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It’s not their fault to think it’s a scam when they are blinded by volatility. Despite having some Bitcoin, I was careless about the reduction in price (even if I knew it’ll bounce back up) because the purpose of Bitcoin still stands even if we go down back to $18k. Stories like this are example of why we should tell people the primary purpose of Bitcoin while discussing the joy that could come from its volatility. Too many people think it’s all about when the price is increased, etc.
full member
Activity: 560
Merit: 100
Eloncoin.org - Mars, here we come!
I overheard a discussion between two friends and one was telling the other that Bitcoin is a scam and that a lot of people preached about the halving and how people could cashout from it. The other friend was trying to convince him to continue holding his asset but he refused and replied that nothing would stop him from selling the coins he's holding.
Make we just continue to dey sit down ontop. Our opinions matters because most people are just here to sabotage their business. We should always knows our problems and the ones we can confidently resolve and the complicated ones that will need the hands of the very top.We ought to refused from any nonclear figure because the safety of the students shouldn’t be down here. Bitcoin is now scam and have played good roles to the smart ones, they understands the market and gives their 100% to their bosses.
legendary
Activity: 3318
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I overheard a discussion between two friends and one was telling the other that Bitcoin is a scam and that a lot of people preached about the halving and how people could cashout from it. The other friend was trying to convince him to continue holding his asset but he refused and replied that nothing would stop him from selling the coins he's holding.
A decision that would make him regret it. Not many people are able to be patient with market conditions even though it is still testing.
As most people say, there is no need to take part in discussions between two of your friends because it is not important at all. Making decisions without any knowledge based on boredom is a stupid act. It's not our money, it's none of our business.

If the current market conditions make it difficult to break the price of $75k, then it should be remembered that Bitcoin once reached a price of $73,777 which is close to $74k.
If a few moments ago the price fell to $56,552, now it has strengthened again to $61k.
Patience is needed but don't give advice to people who think like one of these friends.
If it’s not your money, then you have no control of it even if it means selling all their coins at the current price condition. Let him sell so he will experience how it feels to be at a loss, and surely regret will come later and by that time, he’ll learn his lesson from his own wrong action.

You know we met a lot of people like this in the forum. But don’t worry, they won’t act stupid all the time, they just have to learn their lesson the hard way so they’ll be able to understand how halving really works in the market. And how patience can help them reach far from where they are starting.
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